Financial stability and sustainability is every ones dream in the world. People talk about investment and the idea of having their money work for them quite often. But how easy or how hard has it been for people to start making this move? Majority of young…
Some Kenyans are cynical about the latest discovery of oil in Turkana, but others are undeniably strategizing on how to make a killing out of it. Land experts have warned Kenyans who are thinking of buying land in the area, saying that no one has a specific title for land…
Yesterday the Total Kenya Limited share rose by 10% to 15.95 Ksh per share having opened at 14.50 Ksh per share. Analysts state the reason for this could be the statement Total Kenya Limited released to its shareholders to clarify on its suspension from trading with the…
Total Kenya Limited has today reported that it made a loss of Ksh 71 million for the full year ended December 2011. The largest oil marketer in Kenya blamed this loss on price controls and inefficiencies in the supply chain. The loss is a stark contrast to the Ksh 916…
The company pays out Ksh1.33 Billion in claims to 4,195 general insurance clients in 2011. Jubilee Insurance has been voted the overall winner of the Best Claims Settlement Award sponsored by the Association of Insurance Brokers of Kenya popularly known as the BIMA AWARDS 2012.
Mumias Sugar Company Limited has released its half year results for the six months ended 31st December 2012. In its unaudited 6-month results, the company has reported gross profits of Kshs. 2,255,726,000, down Kshs. 285,555,000 from the previous periods Kshs. 2,541,281,000. Net profits however increased in the same period…
In a ceremony at the Intercontinental Hotel on 6th March 2012 attended by the Governor of the Central Bank of Kenya, Prof Njuguna Ndun’gu, the Chief Executive Officer of the Capital Markets Authority, Ms. Stella Kilonzo and the Chairman of the Insurance Regulatory Authority,…
Presence of the Central Bank of Kenya (CBK) in the currency market for the past one year has been keeping the shilling weak. Treasury dealers at the Bank of Africa (BoA) say that the sharp depreciation of the shilling has given CBK control over movements of the shilling.
Top Gainers Price(Ksh) Change(%) NIC Bank Ltd 27.25 +5.83 Sasini Ltd 11.00 +5.26 CFC Insurance Holdings 7.55 +4.86 Kenya Airways Ltd 13.70 +4.18 National Bank of Kenya Ltd 18.00 +3.75 Top Losers Price(Ksh) Change(%) Barclays Bank Ltd 12.00 -10.78 British American Tobacco Kenya Ltd 280.00 -9.39 Kapchorua Tea Co.
The Kenya Airways share today displayed positive signs after having a turbulent time in last week’s trading. The counter opened trading this morning at Kshs. 13.30, 15 cents up from Friday’s close of Kshs. 13.15. The counter traded rather today eccentrically, quickly rising to Kshs. 13.95 after opening then…